Motorvehicle production in Japan was up 25.9 percent from a year earlier in June, says the Japan Automobile Manufacturers Association via The Nikkei [sub] Domestic sales are a bit more sedate, up 17.4 percent in June. Where did all those cars go? (Read More…)

The ACEA has released their European new car statistics for the month of June. One look at the picture tells you what is happening: With the cash for clunkers effects slowly working their way out of the system, Europe is settling into a new normal. In June, the market was down 6.9 percent, but for the first six months, with 7,285,487 new cars registered, the market in the EU27 is pretty much what it was in the same period last year. Compared with the first six months of 2008, the market decreased by 10.3 percent, but those were the good old pre-carmageddon days. (Read More…)

The BBC reports that new car registrations in the UK have inexplicably risen 10.8 percent in June 2010 compared with this time, last year. What makes this “inexplicable” is the fact that sales have risen, despite the fact that the “cash for clunkers” scheme had ended on March the 31st, 2010. “The new car market continued to perform above expectations in June,” said the Society of Motor Manufacturers and Traders (SMMT) chief executive Paul Everitt said, “The results indicate improved business confidence and a strengthening economic recovery.” However, a quick look at the SMMT report reveals a potential answer. The article shows that fleet sales grew 25.3 percent. Those pesky fleet sales! Let’s take a quick look at some of the brands and their performance, shall we…? (Read More…)

In June 2010, new car sales in Germany were down 28.7 percent from June 2009, reports the German Kraftfahrtbundesamt, the German government agency that is responsible for all things rolling on Germany’s roads. That may sound like a horrible number, but the graph tells a different story. June 2009 was the absolute peak of the Abwrackprämien-orgy (red line), and Germany seems to slowly get back to 2008 levels (blue line.) Once we are through the seasonally low July/August months, sales may actually exceed 2008 levels. It won’t be until next year before Germany will report real growth. (Read More…)

And again, it’s time for a TTAC tradition. We ask the patent-pending TTAC market oracle: What were last month’s new car sales in China? TTAC was forced to develop this oracle, because China is always a bit late in reporting official numbers (it’s a big country.) So we devised our patent-pending China prediction system, call it the I-Ching of the automotive business: Take GM China, deduct a few points, and like a miracle, you have the performance of the Chinese market. Works all the time. Usually. Sometimes, it doesn’t.

Our oracle says that the Chinese market will come in at a growth in the low 20 percentile range. Why? (Read More…)

As the following table will demonstrate, June sales rose a tepid 14 percent over an extremely low June in the year before. 860,004 light vehicles had changed hands in June 2009, a drop of 27.7 percent from June 2008. This June, 983,821vehicles left dealer lots, nowhere near the 1,189,518 units that were sold in June 2008. (Read More…)

Japanese new car sales rose 20.6 percent year on year to 293,537 units in June, up for the 11th straight month, the Japan Automobile Dealers Association just told The Nikkei [sub]. And the best part is: (Read More…)

It’s that time of the month again. Today, sales in the U.S. will be reported. “Yucky” will probably be their nicest adjective. “U.S. auto sales this month probably posted the smallest increase since February as consumers concerned about unemployment and the economy avoid large purchases, analysts said” to Bloomberg.

Analysts polled by Bloomberg think June SAAR will be anywhere between 10.4 and 11m, the averaged number comes out to an annualized rate of 11.2 million units. More than last year’s horrendous June number of 9.7m, but less than 11.6 million in May. There will be little reason to celebrate. (Read More…)